The U.S. Energy Information Administration declared that there will be lower domestic natural gas output and consumption in 2009, as poor economic conditions continue to pressure drilling and overall demand. For full story, click here
Continue reading "EIA forecasted lower 2009 U.S Natgas Output"
Friday, June 19, 2009
Natural-gas futures have finished lower Thursday after U.S. government data showed a bigger-than-expected build in gas inventories last week, adding to already-ample supplies as weak demand and mild weather continue to pressure prices. For full story, click here
Continue reading "Natural Gas slipped 3.8% as supply is ample"
Tuesday, May 26, 2009
US imports of liquefied natural gas have almost doubled since the commencement of the year, putting pressure on a domestic market already hit by weak demand and dipping prices . For full story, click here
Continue reading "US LNG Imports have put pressure on struggling domestic producers"
Tuesday, April 21, 2009
Shares of Dynegy Inc. dipped on Monday, as an analyst reported the power producer faces profit pressure from continued weak natural gas prices and lowered his rating on the company. For full story, click here
Continue reading "Shares of Dynergy dip on weak natural gas prices"
Tuesday, April 7, 2009
Natural gas prices are reported to be under pressure. Natural gas contracts for May delivery were recently quoted at $3.60 each, a dip in 3.6%. For full story, click here
Continue reading "Natural Gas prices reported to be under pressure"
Tuesday, January 6, 2009
Oil&Gas Index were witnessing selling pressure. For full story, click here
Continue reading "Oil&Gas Index saw selling pressure"
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Tuesday, July 7, 2009